Marketing Strategy

The $5K Marketing Test: Run a 30-Day Sprint Across 3 Channels to Find What Actually Works

Cole NeophytouCole Neophytou
18 min read
#real estate marketing budget#marketing channel testing#Facebook ads for realtors#Instagram ads real estate#YouTube ads real estate agents#marketing ROI real estate#lead generation testing#cost per lead real estate
The $5K Marketing Test: Run a 30-Day Sprint Across 3 Channels to Find What Actually Works

The $5K Marketing Test: Run a 30-Day Sprint Across 3 Channels to Find What Actually Works

Meta Title: $5K Marketing Test for Real Estate Agents | 30-Day Sprint to Find Your Best Channel

Meta Description: Test your market with a focused $5K, 30-day marketing sprint across 3 channels. Discover which channels generate the most listings and leads—the scientific way to spend your budget.

Slug: 5k-marketing-test-30-days

Keywords: real estate marketing budget, marketing channel testing, Facebook ads for realtors, Instagram ads real estate, YouTube ads real estate agents, marketing ROI real estate, lead generation testing, cost per lead real estate

Publish Date: November 20, 2025 (Post #46)

Template: TEXT

Tags: marketing strategy, budget allocation, advertising, data-driven marketing, lead generation, marketing testing



The Problem With Guessing

Most real estate agents have a marketing budget. Some have $2K. Some have $20K. But almost none of them know which channels actually work in their market.

They spend money on Facebook ads because "everyone's on Facebook." They try Instagram because competitors are there. They dabble in YouTube because an agency told them it was the future. But they're flying blind—throwing darts at a board and hoping one sticks.

Six months later, they've spent $5K and can't tell you:

  • Which channel generated the most leads?
  • What their actual cost-per-lead is per channel?
  • Which channel produces the highest-quality leads?
  • Which channel delivers the fastest pipeline velocity?

This isn't stupidity. It's confusion. Real estate marketing has too many variables, too many metrics, and too many platforms claiming to be "the one."

But here's what Amazing Photo Video has learned working with 200+ agents: The agents who win aren't the ones with the biggest budgets. They're the ones who test systematically and double down on what works.

This is the $5K Marketing Test—a 30-day sprint that gives you bulletproof data to answer the question every agent should ask: Where should I actually spend my marketing dollars?

The $5K Test Framework (The Math)

Before we go tactical, let's talk budget allocation. You have $5,000 for 30 days. Here's how to split it:

Budget Allocation Across 3 Channels

Why this allocation?

  • The 40% channel is your most confident bet. You've heard it works. Your competitors use it.
  • The 35% channel is your secondary test. Good potential, but you're less certain.
  • The 25% channel is your wildcard. Lower investment, higher risk, but potentially huge upside if it works.

Sample combinations based on your market:

Test 1: The Social Triple (Most Common)

  • Channel 1 ($2K): Facebook + Instagram ads (combined spend, separate targeting)
  • Channel 2 ($1.75K): Google Search ads (keywords: "homes for sale [your city]")
  • Channel 3 ($1.25K): YouTube video ads (targeting neighborhood keywords)

Test 2: The Local Advantage

  • Channel 1 ($2K): Facebook + Instagram ads
  • Channel 2 ($1.75K): Local podcasts and sponsorships (advertise on top 3-5 local podcasts your clients listen to)
  • Channel 3 ($1.25K): Nextdoor ads (hyperlocal, underutilized)

Test 3: The Video-First Approach

  • Channel 1 ($2K): YouTube ads (property walkthroughs, market updates, agent branding)
  • Channel 2 ($1.75K): TikTok ads (short-form property content, market clips)
  • Channel 3 ($1.25K): Facebook + Instagram video ads (carousel ads with property listings)

Choose the combination that feels natural for your current comfort level and existing assets. If you don't have video content yet, testing YouTube ads won't work well. Pick channels where you can create decent assets today.

The 30-Day Testing Schedule

Consistency matters more than perfection. Here's your daily checklist:

Days 1-3: Setup & Launch

  • Day 1: Choose your 3 channels and create your first-round ad creative
  • Day 2: Set up tracking (more on this in the metrics section)
  • Day 3: Launch all 3 channels simultaneously (critical for fair comparison)

Days 4-10: Daily Monitoring

  • Daily check-in (10 minutes): Review each channel's performance dashboard
  • Monitor for: Dead accounts, ad disapprovals, extremely low CTR (under 0.5%)
  • Pause obvious losers: If one channel is performing at 1/10th the others' rates, pause it after day 7 and reinvest in winners
  • Refine copy: If CTR is low, test new ad copy mid-week (days 5-7)

Days 11-20: Optimization

  • Tighten targeting: Which demographics are responding? Double down on them
  • Scale what works: If one channel has strong metrics, increase its daily budget by 20%
  • Kill underperformers: If a channel hasn't generated a single lead inquiry by day 15, pause it and split its budget to the other two
  • Refresh creative: Change ad images/videos if they've hit 5,000+ impressions but low engagement

Days 21-27: Final Phase

  • Full optimization mode: All learnings from weeks 1-3 applied
  • Monitor lead quality: Not just click volume—which channel sends you inquiry-ready leads?
  • Track conversions: Which channel's leads actually convert to appointments, listings, sales?

Days 28-30: Analysis & Strategy

  • Compile full 30-day report (template below)
  • Identify winner: Which channel wins on CPL (cost-per-lead)?
  • Plan next 90 days: Double down on the winner, test a new challenger

The Metrics That Actually Matter

You'll see 47 different metrics across your ad platforms. You need to care about exactly 4:

Metric 1: Impressions (Reach)

What it is: How many people saw your ad
Why it matters: Determines if your targeting is broad enough
Healthy range:

  • Facebook/Instagram: 10,000-50,000 impressions per week
  • Google Search: 1,000-5,000 impressions per week
  • YouTube: 5,000-20,000 impressions per week

Red flag: Fewer than 1,000 impressions per week = your targeting is too narrow

Metric 2: Click-Through Rate (CTR)

What it is: (Clicks / Impressions) × 100
Why it matters: Indicates if your ad creative resonates
Healthy range:

  • Facebook/Instagram: 0.8% - 2.5%
  • Google Search: 1.5% - 5%
  • YouTube: 0.3% - 1.2%

What to do:

  • Above range = great creative, possibly too narrow targeting
  • Below range = change your ad copy or images

Metric 3: Cost Per Lead (CPL)

What it is: Total ad spend / Number of qualified leads generated
Why it matters: Directly tells you ROI per channel
Healthy range:

  • $25 - $100 per lead (varies wildly by market)
  • Track this religiously

Formula: $5,000 spent / 50 leads = $100 CPL

Metric 4: Lead Quality Score

What it is: Your subjective rating of lead fit and conversion likelihood
Why it matters: A $30 CPL is worthless if the lead never responds

Create a simple scoring system:

  • 5 stars: Contacted you immediately, ready to meet, clear buying/selling timeline
  • 4 stars: Responded within 24 hours, interested, slightly uncertain timeline
  • 3 stars: Responded but slow, curious but not urgent
  • 2 stars: Spam/bot activity, no intention to transact
  • 1 star: Negative/hostile inquiries, time-wasters

Calculate: Average star rating across all leads from each channel

Example:

  • Facebook: 50 leads, average 3.2 stars
  • Google: 35 leads, average 4.1 stars
  • YouTube: 15 leads, average 2.8 stars

Winner: Google (highest quality despite lower volume)

How to Track Everything (The Systems)

Data without systems is just wishful thinking. You need automated tracking.

Setup 1: UTM Parameters (For All Channels)

Add these tags to every single ad link:

https://yourwebsite.com/?utm_source=facebook&utm_medium=cpc&utm_campaign=30day_test

This tells your analytics which clicks came from which channel.

All 3 channels need different UTM codes:

  • Facebook: ?utm_source=facebook&utm_campaign=30day_test
  • Google: ?utm_source=google&utm_campaign=30day_test
  • YouTube: ?utm_source=youtube&utm_campaign=30day_test

Setup 2: Conversion Tracking

Set up conversion pixels on your website:

  • Landing page view = someone clicked your ad
  • Form submission = someone filled out a lead form
  • Phone call = someone called your number (via call tracking software)

Tools to use:

  • Google Analytics (free, Google ads integration)
  • Facebook Pixel (free, for Facebook/Instagram ads)
  • Calendly (free tier tracks appointments)
  • CallRail (paid, $50/month, but worth it for call tracking)

Setup 3: Daily Tracking Sheet

Create a simple Google Sheet to track daily performance:

Date Facebook Spend Facebook Leads Google Spend Google Leads YouTube Spend YouTube Leads Total Spend Total Leads Avg CPL
Nov 20 $67 2 $58 3 $42 1 $167 6 $27.83
Nov 21 $71 3 $61 2 $38 0 $170 5 $34

Review this every morning (literally 2 minutes). You'll spot underperformers immediately.

Creative Strategy: What Actually Works in Each Channel

It's not enough to just show up in a channel. Your creative—images, copy, video—determines if people even click.

Facebook/Instagram Creative

What works:

  • Carousel ads (show 3-5 listings in a single ad)

    • Pro: Higher engagement, people swipe to see more
    • Con: More work to set up
    • Best for: Showing multiple listings, before/afters of home improvements
  • Single image ads (one beautiful property photo)

    • Pro: Simple, fast to create, professional look
    • Con: Less engagement than carousel
    • Best for: Highlight your highest-priced listing
  • Video ads (30-60 second property walk-throughs)

    • Pro: Highest engagement, best for learning campaigns
    • Con: Requires video content (but Amazing Photo Video can help!)
    • Best for: Showing lifestyle/neighborhood content, agent branding

Copy that works:

  • "This won't last—3 offers in 48 hours" (urgency)
  • "View this before it's gone" (FOMO)
  • "Local [City] market update 📊" (educational)
  • "Just listed: [Price] in [Neighborhood]" (straightforward)

Avoid:

  • Generic "Your dream home awaits!" copy
  • Asking for sales immediately ("Call today!")
  • Too much text (keep it under 125 characters)

Google Search Ads

Keywords to bid on:

  • Local: "homes for sale [your city]"
  • Local + price: "homes for sale under $500k [city]"
  • Local + type: "condos for sale [city]"
  • Neighborhood: "homes for sale [neighborhood name]"
  • Local + agent brand: "[Your name] real estate [city]"

Ad copy formula:

Headline 1: [Your Name] - [City] Real Estate Expert
Headline 2: Buy, Sell, or List With Confidence
Headline 3: Free Consultation - No Obligation

Description Line 1: 10+ years helping [City] families find their perfect home
Description Line 2: Current listings | Market insights | Expert guidance

Avoid: Generic Google ad templates. You'll lose to bigger agencies.

YouTube Video Ads

Best performing video types:

  • Property walkthroughs (60-90 seconds): Tour a beautiful listing or recent sale
  • Market updates (90-120 seconds): Show local market data, recent sales trends
  • Neighborhood guides (60-90 seconds): Why [Neighborhood] is amazing
  • Agent branding (45-60 seconds): Who you are, what you do, why people work with you

Hook structure (first 5 seconds critical):

  • "I just helped a family sell their home for 8% above asking..."
  • "Here's what's actually happening in [City] real estate right now..."
  • "This $2.5M property just sold—here's how it performed..."

When to Pivot (The Decision Points)

You're 10 days in. Channel A is crushing it. Channel B is limping. Channel C is nowhere. What do you do?

Scenario 1: One Channel Is Clearly Winning

Decision: Increase its budget by 20-30%, decrease the loser

Example:

  • Original: Facebook $2K, Google $1.75K, YouTube $1.25K
  • After day 10: Facebook is crushing, YouTube is dead
  • New allocation: Facebook $2.4K, Google $1.75K, YouTube $0.85K
  • Reallocate the $400 to Facebook

Scenario 2: All Three Are Performing Equally

Decision: Keep allocation the same and focus on creative optimization

  • Test different ad copy on each channel
  • Identify which demographics respond best
  • Improve targeting precision

Scenario 3: No Channel Is Working (All CPL Over $150)

Decision: Stop and regroup before day 15

Possible issues:

  • Landing page isn't compelling
  • Targeting is too broad or too narrow
  • Creative is weak or irrelevant
  • Lead form has too many fields
  • Offer isn't clear (what exactly are you offering?)

Fix: Redesign your landing page or offer. Don't keep spending to measure a bad funnel.

The 30-Day Report Template

On day 29, compile this report:

Executive Summary

  • Total spend: $5,000
  • Total leads generated: [X]
  • Average cost per lead: $[Y]
  • Winning channel: [Channel name]
  • Key insight: [1-2 sentence summary of biggest learning]

Channel Breakdown

Channel Total Spend Leads CPL Avg Quality Score Winner?
Facebook $2,100 48 $43.75 3.4 stars Maybe
Google $1,900 35 $54.29 4.2 stars YES
YouTube $1,000 12 $83.33 2.6 stars No

Winner Analysis

  • Why did Google win? (higher quality, faster response, conversion rate, pipeline velocity)
  • What worked: Specific keywords, ad copy, targeting
  • What didn't work: Which keywords flopped, which creative underperformed
  • Next steps: Scale Google by [%], test new challenger channel in week 2

Lost Opportunities

  • Channel that almost worked: Could YouTube have succeeded with different creative?
  • Biggest mistake: What would you change if you did it again?
  • Unexpected wins: Did one channel surprise you positively?

Your 90-Day Strategy (Based on Test Results)

Now that you know your winner, here's how to scale:

Weeks 1-4 (Months 2): Double Down on Winner

  • Allocate 60% of budget to winning channel
  • Test 2-3 new audiences/targeting variations
  • Double your daily spend on that channel
  • Measure if efficiency stays same or degrades

Expected outcome: Same CPL or better, 2X the leads

Weeks 5-8 (Month 2): Test a Challenger

  • Allocate 20% of budget to new channel (not one of original 3)
  • Test 30-day hypothesis: "Could [Channel X] work better than [Winner]?"
  • Keep 60% on original winner

Possible challengers:

  • LinkedIn (if B2B or high-net-worth clientele)
  • TikTok (if your market skews younger)
  • Local sponsorships (podcasts, community events)
  • Email marketing (if you have a solid list)

Weeks 9-12 (Month 3): Optimization

  • Double down on original winner if challenger underperforms
  • If challenger wins, shift budget allocation
  • Implement audience layering (retargeting previous site visitors)
  • Test seasonal offers ("Before holiday selling," etc.)

Common Mistakes to Avoid

Mistake 1: Testing More Than 3 Channels

More channels = noise. You won't know what's working. Stick to 3.

Mistake 2: Not Giving Channels Enough Time

A platform needs 7-10 days to optimize. Don't judge YouTube ads on day 3. Let the algorithm learn.

Mistake 3: Measuring Only Volume, Not Quality

50 cheap leads that never respond is worse than 20 expensive leads that all convert.

Track quality from day 1.

Mistake 4: Changing Creative Too Frequently

Give each ad creative 3-5 days of $100-200 spend before judging it. Too much testing = no confidence.

Mistake 5: Not Tracking Everything

"I think Facebook worked better" is not data. Numbers or nothing.

Mistake 6: Stopping the Test Early

"This is working, I'll scale now!" Finish the 30 days. Get the full picture. Bad channels sometimes have a slow burn that surprises you on day 28.

Mistake 7: Using the Same Messaging Across All Channels

Facebook scrollers need different hooks than Google searchers. Customize your messaging per channel.

Tools You'll Need (Tech Stack)

Total cost of tools: $0-100/month (mostly free, optional call tracking)

The Mental Game

Here's what happens during the 30 days:

Days 1-5: Excitement and hope. Everything feels new.
Days 6-15: Impatience. "Why aren't I getting more leads?"
Days 16-25: Doubt. "Maybe none of this works."
Days 26-30: Clarity. The data is undeniable.

Expect the doubt. It's normal. The agents who push through to day 30 discover gems. The agents who quit on day 12 tell everyone "ads don't work."

They're both right—ads don't work if you don't finish the test.

Your 30-Day Action Checklist

  • Choose your 3 channels
  • Create landing page or lead form
  • Design ad creative (images or video)
  • Write ad copy for each channel
  • Set up UTM tracking links
  • Install conversion pixels
  • Create tracking spreadsheet
  • Launch all 3 channels simultaneously
  • Check daily for 30 days
  • Compile final report on day 29
  • Plan 90-day scaling strategy
  • Execute winner channel at 2X budget month 2

The Real Payoff

Let's say the $5K test reveals:

Google Ads: $45 cost per lead

That means:

  • 1 lead per $45 spent
  • At a typical 10% lead-to-client conversion rate = 1 client per $450 spent
  • 1 real estate transaction at $10,000 commission = $10,000 earned on $450 spent
  • That's 22:1 ROI

Now multiply that:

  • Month 1: $5K spend = $110K in expected commission
  • Month 2: $10K spend (doubled) = $220K in expected commission
  • Month 3: $20K spend (doubled again) = $440K in expected commission

This is why testing matters. You're not just spending $5K. You're discovering a machine that, when fed $10K, produces $220K in commissions.

The agents who skip the testing phase and "hope" ads work? They're the ones saying "marketing doesn't work for real estate."

The agents who run the 30-day test? They're the ones running 7-figure marketing budgets by year 2.


Conclusion

The $5K Marketing Test is your permission slip to experiment. It's designed to remove guesswork and replace it with data. You're not betting the farm. You're running a focused, 30-day experiment.

In 30 days, you'll know:

  • Which channel drives the most leads
  • Which channel drives the highest-quality leads
  • Your cost per lead in your specific market
  • Which creative resonates with your audience
  • What messaging converts best

Then you scale what works. Repeat. Dominate.

Start the test this week. Report back in 30 days.


About Amazing Photo Video

We help real estate agents across Canada and the US accelerate their lead generation through professional video content, property photography, and strategic marketing. When you're running your marketing test, having professional assets (video property tours, agent branding content, listing photography) dramatically increases your conversion rates.

Need content to fuel your marketing test? Learn more about our services or book a consultation.

Related Resources:


Keywords: marketing budget real estate, marketing test, channel testing, cost per lead, Facebook ads, Google ads, YouTube ads, real estate marketing ROI, lead generation, performance marketing

Entities: Amazing Photo Video, Facebook Ads, Google Ads, YouTube, Instagram, CallRail, Google Analytics, Google Sheets, Canva, Marketing Attribution, Cost Per Lead

Share this article

Cole Neophytou

About Cole Neophytou

Cole Neophytou is a professional real estate photographer and content creator at Amazing Photo Video.

Stay Updated

Get the latest insights on real estate photography, videography, and marketing trends delivered to your inbox.

No spam. Unsubscribe anytime.

Ready to Elevate Your Property Marketing?

Professional real estate photography and videography services that help properties sell faster and for higher prices.

Comments

Comments Coming Soon

We're working on adding a comments system. In the meantime, feel free to reach out on social media!